Temperature-Controlled Pharma Packaging Solutions Market to Soar to US$7.4 Billion by 2032 with 7.8% CAGR, Fueled by Advancements in Smart Thermal Boxes

Temperature Controlled Pharma Packaging Solutions Market

The global temperature-controlled pharma packaging solutions market is on a robust growth trajectory, poised to achieve a remarkable 7.8% CAGR and reach a valuation of US$ 7.4 billion by 2032, a significant increase from the US$ 4 billion recorded in 2022. This impressive expansion can be attributed to several key factors, including the dynamic and rapidly growing pharmaceutical industry, which is continually developing new medications and drugs.

One notable trend within this market is the incorporation of cutting-edge technologies, leading to the creation of smart thermal boxes that enhance the temperature control and protection of pharmaceutical products. For instance, the acquisition of Brasil Participacoes Ltd. by Sonoco Products Company in April 2022 highlights the industry’s commitment to innovation and growth.

However, it’s important to note that the temperature-controlled pharma packaging solutions market faces challenges, particularly related to stringent regulations governing the packaging of pharmaceutical products. These regulations can potentially hinder market growth by imposing rigorous requirements on packaging practices.

Nonetheless, the market’s resilience is evident as it has already seen a 50 basis point (BPS) increase in H1-2022 compared to H1-2021, and this growth is expected to continue. The ability of these solutions to preserve product temperature and extend shelf life remains a driving force in their adoption, ensuring their continued importance in the pharmaceutical supply chain.

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According to FMI’s analysis, the temperature-controlled pharma packaging solutions market is anticipated to experience a growth increase of 50 basis share points (BPS) in H1-2022 compared to H1-2021. This growth projection adjustment is attributed to the market’s core function of preserving product temperature, subsequently extending shelf life.

Despite potential hurdles, the vibrant pharmaceutical industry’s rapid expansion and the emergence of novel medications and drugs continue to drive demand for temperature-controlled pharma packaging solutions. This growth trajectory aligns with the pharmaceutical sector’s unwavering need for precise and effective temperature-sensitive packaging to ensure product efficacy and safety.

Moreover, the integration of technologically advanced tools into temperature controlled pharma packaging solutions will further propel the market to grow. Due to stronger packaging regulations, the market players are focused on quality packaging as well as on compliance with the regulations. Thus, these players are utilizing cost effective and technologically advanced temperature-controlled pharma packaging solutions. Plenty of lucrative market opportunities are offered to the temperature-controlled pharma packaging solutions market due to the use of next-gen tracking technology and high insulation-based packaging solutions.

Although the target market faces healthy market prospects over the forecasted period, implementation of stringent regulations regarding the packaging of pharmaceutical goods may impede the market growth of temperature controlled pharma packaging solutions.

“This will stimulate the market prospects for temperature-controlled pharma packaging solutions over the forecast period,” says an FMI analyst.  

Key Takeaways:

  • Technological enhancements to increase market growth over the forecast period.
  • High maintenance and investment costs may hamper market prospects.
  • The temperature controlled pharma packaging solutions market in Europe is predicted to dominate the global space.
  • Increasing use of temperature sensitive medical products will prompt market growth in the U.S.
  • China will register a high growth rate of the target market over the assessment period.
  • By product type, insulated shippers segment will lead the market growth.

Competitive Landscape 

Sonoco Products Company, Pelican Biothermal, Sofrigam SA Ltd., Cryopak, Cold Chain Technologies, Envirotainer Ltd., va-Q-tec AG, Inmark Packaging, American Aerogel Corporation, and others are some of the major players in the temperature controlled pharma packaging solutions market that are profiled in the full version of the report.

Major market players are focusing on utilizing technological innovations and advancements to expand their business. These organizations are increasing their investment in research and development activities to introduce more efficient products in to the market to gain a competitive advantage.

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More Insights into the Temperature Controlled Pharma Packaging Solutions Market Report

In its latest report, FMI offers an unbiased analysis of the global temperature controlled pharma packaging solutions market, providing historical data from 2015 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and range, the market is segmented based on product (insulated shippers (panels and envelopes, EPS foam containers, fiberboards, PUR containers), insulated protective shippers, insulated containers (chest style, upright style), others (refrigerants, gel, icepacks, phase change materials, etc.), application (frozen temperature controlled pharma packaging solutions, chilled temperature controlled pharma packaging solutions, ambient temperature controlled pharma packaging solutions), and region.

According to the latest FMI reports, based on region, the temperature controlled pharma packaging solutions market in Europe will likely dominate the global arena. The target market in this region is expected to grow and develop at a rapid rate during the projected period. Escalating disease outbreaks coupled with high demand for cold storage for medical goods in the healthcare sector will drive the market growth during the assessment period.

Apart from Europe, countries like the U.S. and China are projected to exhibit impressive growth over the forecasted period. A prosperous pharmaceutical industry along with rising demand for vaccines and other temperature sensitive medical goods foster market growth in the U.S. whereas in China, the market growth is driven by extensive research and development activities on thermal packaging solutions.

Based on segmentation, on the basis of product type, the insulated shippers segment is estimated to account for the highest revenue while the chilled temperature controlled pharma packaging solutions segment will register the highest demand over the forecast period.

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Key Segments of Industry Survey

 By Product:

  • Insulated Shippers
    • Panels and Envelopes
    • EPS Foam Containers
    • Fiberboards
    • PUR Containers
  • Insulated Protective Shippers
  • Insulated Containers
    • Chest Style
    • Upright Style
  • Others (Refrigerants, Gel, Icepacks, Phase Change Materials, etc.)

 By Application:

  • Frozen
  • Chilled
  • Ambient

 By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa (MEA)


Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Ronak Shah

Associate Vice President at Future Market Insights is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

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